Starting Dynare (version 6.1).
Calling Dynare with arguments: none
Starting preprocessing of the model file ...
WARNING: P30hr.mod:197.1-32: Symbol y declared twice.
WARNING: P30hr.mod:197.1-32: Symbol c declared twice.
WARNING: P30hr.mod:197.1-32: Symbol k declared twice.
WARNING: P30hr.mod:197.1-32: Symbol i declared twice.
WARNING: P30hr.mod:197.1-32: Symbol n declared twice.
WARNING: P30hr.mod:197.1-32: Symbol y_n declared twice.
WARNING: P30hr.mod:197.1-32: Symbol z declared twice.
WARNING: P30hr.mod:197.1-32: Symbol r declared twice.
WARNING: P30hr.mod:197.1-32: Symbol w declared twice.
WARNING: P30hr.mod:197.1-32: Symbol sigma_c declared twice.
Found 10 equation(s).
Evaluating expressions...
Computing static model derivatives (order 1).
Normalizing the static model...
Finding the optimal block decomposition of the static model...
3 block(s) found:
  2 recursive block(s) and 1 simultaneous block(s).
  the largest simultaneous block has 6 equation(s)
                                 and 6 feedback variable(s).
Computing dynamic model derivatives (order 3).
Normalizing the dynamic model...
Finding the optimal block decomposition of the dynamic model...
3 block(s) found:
  2 recursive block(s) and 1 simultaneous block(s).
  the largest simultaneous block has 6 equation(s)
                                 and 6 feedback variable(s).
Preprocessing completed.
Preprocessing time: 0h00m00s.

STEADY-STATE RESULTS:

y       		 1.22386
c       		 0.928931
k       		 14.7466
i       		 0.294931
n       		 0.301782
y_n     		 4.05545
z       		 0
r       		 0.00987752
w       		 2.59549
sigma_c 		 1.5

EIGENVALUES:
         Modulus             Real        Imaginary
          0.9394           0.9394                0
            0.95             0.95                0
           1.075            1.075                0
       1.999e+15        1.999e+15                0
             Inf              Inf                0

There are 3 eigenvalue(s) larger than 1 in modulus for 3 forward-looking variable(s)
The rank condition is verified.


MODEL SUMMARY

  Number of variables:         10
  Number of stochastic shocks: 1
  Number of state variables:   2
  Number of jumpers:           3
  Number of static variables:  5


MATRIX OF COVARIANCE OF EXOGENOUS SHOCKS
Variables         e_z
e_z          0.000049



MOMENTS OF SIMULATED VARIABLES
VARIABLE              MEAN       STD. DEV.        VARIANCE        SKEWNESS        KURTOSIS
y                 1.221535        0.033390        0.001115        0.081207        0.235103
c                 0.927298        0.011358        0.000129        0.199095        0.355575
k                14.696770        0.370010        0.136908        0.062347        0.248527
i                 0.294237        0.027367        0.000749        0.039412        0.039692
n                 0.302521        0.005132        0.000026        0.074142        0.045338
y_n               4.038323        0.105829        0.011200       -0.019711        0.235707
r                 0.010002        0.000727        0.000001        0.148241        0.235914
w                 2.590104        0.035239        0.001242       -0.023827        0.199680
sigma_c           1.506980        0.100171        0.010034       -0.081207        0.235103


CORRELATION OF SIMULATED VARIABLES
VARIABLE          y        c        k        i        n      y_n        r        w  sigma_c
y            1.0000   0.6525   0.5841   0.9493   0.3733   0.8005  -0.1817   0.1814  -1.0000
c            0.6525   1.0000   0.9951   0.3811  -0.4563   0.9748  -0.8608   0.8613  -0.6525
k            0.5841   0.9951   1.0000   0.2996  -0.5340   0.9538  -0.9033   0.9039  -0.5841
i            0.9493   0.3811   0.2996   1.0000   0.6448   0.5721   0.1356  -0.1362  -0.9493
n            0.3733  -0.4563  -0.5340   0.6448   1.0000  -0.2570   0.8445  -0.8442  -0.3733
y_n          0.8005   0.9748   0.9538   0.5721  -0.2570   1.0000  -0.7346   0.7345  -0.8005
r           -0.1817  -0.8608  -0.9033   0.1356   0.8445  -0.7346   1.0000  -0.9996   0.1817
w            0.1814   0.8613   0.9039  -0.1362  -0.8442   0.7345  -0.9996   1.0000  -0.1814
sigma_c     -1.0000  -0.6525  -0.5841  -0.9493  -0.3733  -0.8005   0.1817  -0.1814   1.0000


AUTOCORRELATION OF SIMULATED VARIABLES
VARIABLE         1       2       3       4       5
y           0.9100  0.8234  0.7450  0.6754  0.6091
c           0.9950  0.9859  0.9734  0.9578  0.9395
k           0.9969  0.9898  0.9788  0.9645  0.9474
i           0.8805  0.7670  0.6657  0.5773  0.4944
n           0.9124  0.8281  0.7517  0.6837  0.6186
y_n         0.9831  0.9633  0.9415  0.9183  0.8933
r           0.9778  0.9534  0.9277  0.9013  0.8735
w           0.9777  0.9531  0.9274  0.9010  0.8731
sigma_c     0.9100  0.8234  0.7450  0.6754  0.6091
[Warning: Class 'datetime' is defined in a class folder and takes precedence over a function with the same name that is earlier
on the MATLAB path. In a future release, class 'datetime' will no longer be given precedence.

<a href="matlab: matlab.internal.identifyClassPrecedenceConflicts('datetime')">Click here for the locations of the conflicting items</a>.
<a href="matlab: helpview('matlab','AtFolderPrecedence');">Click here for guidelines to avoid this warning</a>.] 
[> In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('stoch_simul', '/Applications/Dynare/6.1-arm64/matlab/stochastic_solver/stoch_simul.m', 302)" style="font-weight:bold">stoch_simul</a> (<a href="matlab: opentoline('/Applications/Dynare/6.1-arm64/matlab/stochastic_solver/stoch_simul.m',302,0)">line 302</a>)
In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('P30hr.driver', '/Users/orhantorul/Desktop/ERAC/hansen-rogerson/P30hr/+P30hr/driver.m', 494)" style="font-weight:bold">P30hr.driver</a> (<a href="matlab: opentoline('/Users/orhantorul/Desktop/ERAC/hansen-rogerson/P30hr/+P30hr/driver.m',494,0)">line 494</a>)
In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('dynare', '/Applications/Dynare/6.1-arm64/matlab/dynare.m', 310)" style="font-weight:bold">dynare</a> (<a href="matlab: opentoline('/Applications/Dynare/6.1-arm64/matlab/dynare.m',310,0)">line 310</a>)] 
[Warning: Class 'datetime' is defined in a class folder and takes precedence over a function with the same name that is
earlier on the MATLAB path. In a future release, class 'datetime' will no longer be given precedence.

<a href="matlab: matlab.internal.identifyClassPrecedenceConflicts('datetime')">Click here for the locations of the conflicting items</a>.
<a href="matlab: helpview('matlab','AtFolderPrecedence');">Click here for guidelines to avoid this warning</a>.] 
[> In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('writepng', '/Applications/MATLAB_R2024a.app/toolbox/matlab/imagesci/private/writepng.m', 244)" style="font-weight:bold">writepng</a> (<a href="matlab: opentoline('/Applications/MATLAB_R2024a.app/toolbox/matlab/imagesci/private/writepng.m',244,0)">line 244</a>)
In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('imwrite', '/Applications/MATLAB_R2024a.app/toolbox/matlab/imagesci/imwrite.m', 567)" style="font-weight:bold">imwrite</a> (<a href="matlab: opentoline('/Applications/MATLAB_R2024a.app/toolbox/matlab/imagesci/imwrite.m',567,0)">line 567</a>)
In matlab.graphics.internal/mlprintjob/writeRaster
In printingGenerateOutput
In alternatePrintPath
In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('print', '/Applications/MATLAB_R2024a.app/toolbox/matlab/graphics/printing/print.m', 90)" style="font-weight:bold">print</a> (<a href="matlab: opentoline('/Applications/MATLAB_R2024a.app/toolbox/matlab/graphics/printing/print.m',90,0)">line 90</a>)
In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('P30hr.driver', '/Users/orhantorul/Desktop/ERAC/hansen-rogerson/P30hr/+P30hr/driver.m', 513)" style="font-weight:bold">P30hr.driver</a> (<a href="matlab: opentoline('/Users/orhantorul/Desktop/ERAC/hansen-rogerson/P30hr/+P30hr/driver.m',513,0)">line 513</a>)
In <a href="matlab:matlab.lang.internal.introspective.errorDocCallback('dynare', '/Applications/Dynare/6.1-arm64/matlab/dynare.m', 310)" style="font-weight:bold">dynare</a> (<a href="matlab: opentoline('/Applications/Dynare/6.1-arm64/matlab/dynare.m',310,0)">line 310</a>)] 
Total computing time : 0h00m10s
Note: 10 warning(s) encountered in the preprocessor
Note: warning(s) encountered in MATLAB/Octave code
